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News
Digital asset trade groups pursue legal action against Illinois crypto tax law
4+ day, 18+ hour ago (380+ words) The Blockchain Association, Crypto Council for Innovation, and Digital Chamber are challenging a first-of-its-kind state tax on digital asset business activities Illinois just became the testing ground for a question no other state has dared to answer: can you single…...
Maryland ruling may impact new Illinois taxes
2+ week, 6+ day ago (445+ words) (The Center Square) – A court ruling in Maryland may have implications for a trio of new taxes in Illinois. Maryland’s tax court found last week that the state’s digital advertising gross revenues tax violates the Tax Freedom Act, the Commerce…...